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MBB SE Capital/Financing Update 2007

Sep 24, 2007

279_rns_2007-09-24_969e21f9-431d-4dd0-9fa2-8d053f0429c2.html

Capital/Financing Update

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News Details

Corporate | 24 September 2007 15:40

MBB Industries AG:Delignit AG participation places 750,000 shares at €8 from capital increase – Inflow of €6 million for further sustainable growth of Delignit

MBB Industries AG / IPO

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


Berlin, 21 September 2007 – In the MBB Industries AG (ISIN DE000A0ETBQ4)
participation, Delignit AG (ISIN DE000A0MZ4B0), 750,000 shares were issued
from a capital increase during the IPO. The issue price for the shares was
specified as €8.00 in consultation with the syndicate leader of the IPO,
VEM Aktienbank AG. The bookbuilding range extended from €8.00 to €10.00.
This resulted in a gross inflow of €6 million for Delignit AG, which will
be used to finance further sustainable growth of Delignit AG. In addition,
VEM Aktienbank AG exercised the majority allocation option for 60,000
shares which Delignit AG granted it. This option is secured with a
greenshoe option from the former shareholder, MBB Industries AG. With the
exception of a potential exercising of the greenshoe option, MBB Industries
AG did not relinquish any shares during the IPO, contrary to the original
plan. The IPO of the Delignit AG shares in the open market with inclusion
in the entry standard of the Frankfurter Wertpapierbörse (Frankfurt Stock
Exchange), is scheduled for 26 September 2007.

Delignit AG plans to use the proceeds of the IPO to further expand its
existing production capacities and to make acquisitions. In HY1 2007, the
Delignit Group increased its plant output, pro forma, in comparison with
the same period of the previous year by 27.4% to €23.4 million. The EBITDA
margin rose to 16.6% before IPO costs. In 2006 as a whole, the pro forma
operating output of the Delignit Group came to €41.5 million with an EBITDA
margin of 15.5%. The Delignit Group has a total workforce in excess of
1,000 at its locations in Germany and Romania.

The allocation of shares to private investors during the offering was
performed in compliance with the 'Principles for the allocation of share
issues to private investors', which was published by the stock exchange
expert commission in the German Federal Ministry of Finance on 7 June 2000.
Around 70% of the share allocation went to institutional investors and 30%
to private investors. The allocation quota for private investors came to
84% of the relevant subscriptions. The capital increase will increase the
equity capital of Delignit AG to €5,750,000.

About MBB Industries AG

Since 1995, MBB Industries AG has maintained successful holdings in the
form of medium-sized industrial companies with sustainable value growth
potential. Our business model is based on a three-pillar structure,
comprising the acquisition of interests at favourable terms, subjecting
them to value-enhancing holding management, and releasing them in
high-yield sales. Right from the start, MBB Industries AG has achieved
above-average profitability, and continues to devote it efforts to
attaining unusually high yields in the future. For 2007, Group revenue of
over €100 million is expected with a workforce of around 1,840. Annualised
group revenue is set to exceed €160 million. The MBB Industries AG share
is traded over the counter on the Frankfurter Wertpapierbörse (Frankfurt
Stock Exchange), Entry Standard division.

Contact:

edicto GmbH
Dr. Sönke Knop/ Axel Mühlhaus
Zeißelstraße 19
D-60318 Frankfurt
Tel. +49 (0)69-90550551
E-mail: [email protected]

Disclaimer

This publication, and the information it contains, represents neither an
offer to sell, nor a request to purchase MBB Industries AG securities in
Germany or abroad, particularly not in the USA, Canada, Japan or the UK.
This press release is given exclusively for information purposes.

The information contained in this publication is intended exclusively for
persons resident in, and companies headquartered in, Germany.

A decision to invest in MBB Industries AG shares must be made exclusively
on the basis of a securities brochure, if one exists. Under no
circumstances will shares in MBB Industries AG be publicly offered outside
Germany, particularly not in the USA, Canada, Japan or the UK.

This publication represents neither an offer to sell, nor a request to
purchase Delignit AG securities. Such an offer is only made by, and on the
basis of, the published securities brochure (including any supplements). A
decision to invest in the publicly offered securities in Delignit AG should
be made exclusively on the basis of the securities brochure. The securities
brochure is available on the Delignit AG website (www.delignit.de).

This document does not represent an offer to purchase securities in the
USA. Securities may only be sold or offered for purchase in the USA if they
are first of all registered in accordance with the U.S. Securities Act of
1933 in its current valid form. This requirement may only be waived on the
basis of an exceptional regulation. The shares in Delignit AG have not
been, and will not be registered in accordance with the U.S. Securities Act
of 1933 in its current valid form, and are neither sold nor offered for
purchase in the USA.

This document is only sent to, and only intended for, (i) persons who are
not in the United Kingdom, or (ii) professional investors who fall under
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2001, or (iii) moneyed persons or other persons to whom it
may be legally sent who fall under Article 49(2). These persons are called
'qualified persons'.
All securities to which reference is made in this document are only
available to qualified persons and any request, offer or agreement to
procure, purchase, or otherwise acquire said securities is only granted to
qualified persons. Under no circumstances should non-qualified persons act
with regard to, or relying upon, this document or the information contained
therein.

The information contained in this document is not intended for transmission
to, or circulation within the USA.
24.09.2007 Financial News transmitted by DGAP


Language: English
Issuer: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Deutschland
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: [email protected]
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry
Standard in Frankfurt

End of News DGAP News-Service